day traders have run this up and people shorting it too early. they will all take profit and jump on the MBLY IPO tmrw
5% growth y/y? no expansion? 12 failed stores in markets out of SoCal? this is a loco stock alright
how lon gill it take to open 2300? lets see now....oh thats right NEVER.
probably in AH if you can. this is most likely to pullback tomorrow and then people will be rushing to take profits and shorts will pile on and it will be very ugly very quickly
only opened 6 new stores last year. back to 20s in no time at all. take your profits while you can. fun is about to be over. remember how quickly this reversed to 29? when it happens its going to be quick and brutal
10 franchisees operate over 62% of units, two of them have one third of the business. anybody files for bankruptcy or closes stores the impact will be dramatic on the parent company
there is no growth possible
can't expand out of its regional market, the list goes on.
when this crashes it will be ugly
my thoughts exactly, not really a store you see everywhere. who here has eaten at one? even mentioning it in the same breath was Chipotle is nonsense and just designed to give this some unwarranted shine. look at the debt
well-funded company, good royalty income. volume will pour in after earnings for sure and send this back to 52 wk highs and beyond. this is the best below-radar biotech out there
unlike so many other biotech's this little nugget has revenue, a partner and great pipeline
QTR with more reality on Seeking Alpha
The Street is making very bold statements on Twitter too. "Calling it right now, you reading this are our witnesses. #Pandora will be a penny stock. Watch" @TheStreet
hard to disagree
Is it even worthy of that? Pandora's best days are behind. their market share will continue to shrink as the real big boys take over. Pandora has nothing left in the tank, grossly overvalued, growth and user rate slowing, Q3 earnings guidance was disappointing and its listener hours ticked down in the month of June, listener hours down which will drive away advertisers.
The 3.0x revenue Apple paid for Beats represents how a third party would value a music streaming service. Based on that metric, Pandora is worth about $11.35 per share.
Any long with a profit would be well advised to take that and put the money to work elsewhere. Nobody needs to buyout Pandora they can do it better themselves